A woman scans an Alipay QR code to make a payment via her mobile phone in a market in Beijing, China, 09 August 2017. Even though it started late, China now has the world’s largest cashless economy, where two services -- Ant Financial’s Alipay and Tencent Holdings’ WeChatPay -- dominate the US$5.5 trillion market. Photo: EPA

Hong Kong’s hawkers and fishmongers to spearhead city’s cashless push with Alipay roll out

Ant Financial will roll out its Alipay electronics payment platform to 43 hawkers at the Po Tat market in Kwun Tong, taking a major step to popularise and lead Hong Kong’s march toward a cashless economy.

Topic |   Mobile payments

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A woman scans an Alipay QR code to make a payment via her mobile phone in a market in Beijing, China, 09 August 2017. Even though it started late, China now has the world’s largest cashless economy, where two services -- Ant Financial’s Alipay and Tencent Holdings’ WeChatPay -- dominate the US$5.5 trillion market. Photo: EPA
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